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PRESS RELEASE: Burcon JV Company, Merit Functional Foods, Receives Second Co-Investment from Protein Industries Canada

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DGAP-News: Burcon NutraScience Corp. / Key word(s): Miscellaneous
Burcon JV Company, Merit Functional Foods, Receives Second Co-Investment from Protein Industries Canada
2021-05-28 / 20:00
The issuer is solely responsible for the content of this announcement.
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News Release
Burcon JV Company, Merit Functional Foods, Receives Second Co-Investment from Protein Industries Canada
Vancouver, British Columbia, May 28, 2021 - Burcon NutraScience Corporation ( Burcon or the Company ) (TSX: BU)
(NASDAQ: BRCN), a global technology leader in the development of clean-label, plant-based proteins for foods and
beverages, is pleased to share that its joint venture company, Merit Functional Foods Corporation ( Merit Foods )
received a second co-investment from Protein Industries Canada, which will see Merit Foods game-changing pea and ....

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Burcon NutraScience Corporation: Burcon JV Company, Merit Functional Foods, Receives Second Co-Investment from Protein Industries Canada

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Vancouver, British Columbia (Newsfile Corp. - May 28, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ( Burcon or the Company ), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, is pleased to share that its joint venture company, Merit Functional Foods Corporation ( Merit Foods ) received a second co-investment from Protein Industries Canada, which will see Merit Foods game-changing pea and canola protein ingredients utilized in new plant-based products.
The project will see Merit Functional Foods, TWC Nutrition, Daiya Foods and Grand River Foods partnering to develop new plant-based products which may include meat and dairy alternatives, ready-to-drink beverages, supplement powders and other plant-based applications for the global food and beverage market. Led by Merit Foods, this project has a total investment of $7.9 million with Protein Industries Canada providing half of the total invest ....

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Protein Industries Canada announces investment

Today, Protein Industries Canada announced a co-investment into a project that will utilize some of Canada’s most widely grown crops in the development of new… ....

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Protein Industries Canada announces investment into new

Protein Industries Canada announces investment into new plant-based products made using Canadian-grown crops
Pea and canola protein ingredients will deliver on taste with appealing health benefits
May 27, 2021 11:00 ET
| Source:
Protein Industries Canada
Protein Industries Canada
Regina, Saskatchewan, CANADA
WINNIPEG, Manitoba, May 27, 2021 (GLOBE NEWSWIRE) Today, Protein Industries Canada announced a co-investment into a project that will utilize some of Canada’s most widely grown crops in the development of new plant-based foods and ingredients.
Merit Functional Foods, TWC Nutrition, Daiya Foods and Grand River Foods are partnering to utilize Merit Functional Foods’ pea, canola and blended pea-canola protein ingredients in new plant-based products. This could include alternative meat products, alternative dairy products and other beverages, developed by TWC Nutrition, Daiya Foods and Grand R ....

United States , United Kingdom , Grand River , Nova Scotia , British Columbia , Jason Travis , Michael Watt , Marie Claude Bibeau , Jeff Lanteigne , Ryan Bracken , Miranda Burski , River Foods Ltd , Plant Based Foods Of Canada Association , Protein Industries Canada , Daiya Global Food Innovation Centre , Whole Foods , Functional Foods , Daiya Foods , Grand River Foods , Merit Functional Food , Merit Foods , Honourable Fran , Philippe Champagne , Honourable Marie Claude Bibeau , Industries Canada , Merit Functional Foods ,

Protein Industries Canada announces investment

Protein Industries Canada announces investment
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